Share this page!

John Quakes Profile picture
Twitter logo
Sep 11 • 4 tweets • 4 min read
Great news from #Ukraine😌 as all 6 reactors at #Zaporizhzhia #Nuclear plant are in cold shutdown -no fission reactions generating heat, no possibility of runaway chain reactions or other extreme events -making any "radiation release" extremely unlikely thanks to Fukushima ../2🧵
2)Fukushima Daiichi #nuclear reactors were 1960's vintage with no steel-reinforced concrete containment. A loss of backup power led to a hydrogen explosion & radiation release. After Fukushima, ZNPP reactors were upgraded to prevent that from ever happening at #Zaporizhzhia .../3
3)#ZaporizhzhiaNPP's "passive" hydrogen safety systems require no external power so that even if all backup power is lost there can be no hydrogen explosion as happened at Fukushima.🦺 ZNPP's steel-hardened containment domes remove the threat of #nuclear radiation "leaks"🌞 ../4
4)Safety systems at #Zaporizhzhia #Nuclear power plant are currently running on grid power with all reactors in cold shutdown.🥶 6 backup generators are there as extra protection to ensure cooling of unloaded #uranium fuel is maintained.⚡️♒️🦺 See FAQ at: thebreakthrough.org/issues/energy/…

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with John Quakes

John Quakes Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @quakes99

John Quakes Profile picture
Sep 3
1)On Friday Congress was asked for $1.5 Billion in "emergency" funding for "acquisition and distribution of low-enriched #uranium(LEU) and high-assay LEU(HALEU)"🛒 "to address potential future shortfalls in access to Russian uranium and [#nuclear] fuel services"⚛️⛏️🇷🇺 A 🧵../2👇
2)US #Nuclear utilities send #Russia hundreds of $Millions per year under a "Russian Suspension Agreement" US government extended in 2020 that allows utilities to purchase & import 20% of their enriched #Uranium reactor fuel from Russia (about 10M lbs/yr #U3O8 equivalent)😯../3👇
3)US government wants to stop US #Nuclear industry from funding #Russia's war on #Ukraine but haven't yet banned the import of Russian #uranium because it would halt deliveries of 20% of US reactor fuel already in signed contracts, with alternative sources in short supply. ../4👇
Read 9 tweets
John Quakes Profile picture
Aug 21
1) While market meltdowns🫠 & #Ukraine war FUD😱 may be raining on #Uranium for now⛈️ a huge Shockwave💥 dubbed 'overfeeding'🍼 is already crashing thru the seemingly calm #Nuclear fuel market.🌀⚛️⛏️ I've created a Tutorial👨‍🏫🧵 to help prepare U to ride the coming wave.🌊🏄💰👇2
2) #Uranium is a very different fuel than #coal & #gas that are burned "as is" in #electricity power plants.🏭⚡️ #Nuclear reactor fuel needs to be specially processed & then packaged into fuel rods that are then loaded into reactors to generate #CarbonFree electricity.🌞⚛️⚡️👇3
3) Mined #Uranium⛏️ is processed into drums of Yellow Cake #U3O8🛢️ that in the west are shipped🚢🚛 to plants in Canada, US & France for "Conversion" into a gas form called #UF6 which is then shipped in cylinders🚛 to plants in US & Europe for "Enrichment" into reactor fuel.⚛️👇4
Read 26 tweets
John Quakes Profile picture
Aug 20
In 2017 #Kazakhstan cut its #Uranium production to -20% below max permitted levels for 3 years 2018-2020⚛️⛏️⤵️ extended 3 times since thru 2023.➡️ Yesterday they extended cuts thru 2024 at -10% below max levels↗️ as #U3O8 prices still don't signal a return to full production.🤠🐂
Tho #Kazakhstan says it's intending to begin to raise its #Uranium production 18 months from now in 2024🐌 they warned in their H1/2022 results yesterday that they may not be able to increase production in 2024⚠️ due to "significant challenges" created by global supply chains.🚛
Even if Kazatomprom $KAP & its JV partners can increase production in 2024, it's very unlikely any new supply will go to western utilities.⚠️ #Kazakhstan has a deal with #China to fill a 23,000tU (60 Million lbs #U3O8) #Uranium storage facility by 2026, taking all available lbs🇨🇳
Read 4 tweets
John Quakes Profile picture
Aug 14
1) The #Uranium #mining #stocks #investing thesis in a nutshell🥜🧵 is that after Fukushima the price of #U3O8 sank, new mine projects were cancelled, many mines closed, investment dropped 💰⤵️ as investors thought "#Nuclear #energy is dying"🪦 but they were wrong!✖️😯 .../2👇
2) #Nuclear #energy has actually been growing steadily over past decade so that #Uranium demand today is back where it was before Fukushima.🌞⚛️🏗️↗️ A #Nuclear renaissance has been quietly underway for years but few have noticed🤷 and it's set to grow for years to come!⏫ .../3👇
3) Rising #Nuclear demand🌞⚛️🏗️⤴️ as #Uranium supplies declined⛏️⤵️ has led to a massive mined supply deficit⏬ estimated earlier this year by industry consultants at ~65M lbs #U3O8 in 2022, partially offset by ~20M lbs of 'Secondary Supply' from other non-mined sources.⛏️.../4👇
Read 5 tweets
John Quakes Profile picture
Aug 12
Fellow $UEX holders,
After careful review🧐 it appears to me that UNLESS $UEX shareholders vote AGAINST the proposed takeover by #Uranium Energy $UEC on Monday at 10AM, Denison's Superior Proposal will become null & void and the bidding war will grind to a halt.⚔️⛔️ .../2
2) According to the terms of $UEC's Agreement with $UEX, they have 5 business days from August 9th in which to match Denison's Superior Proposal which, correct me if I'm wrong, is by 5PM Vancouver time on Monday, August 15, 5 hours AFTER the 10AM UEX shareholders meeting. .../3
3) IF that's the case then $UEC may not even present a matching offer to Denison's proposal prior to the $UEX shareholder meeting. If $UEX holders vote >66.6% FOR the $UEC takeover at that meeting "as recommended" then the deal is approved & no further bids will be considered../4
Read 5 tweets
John Quakes Profile picture
Jul 26
Question 4 U @brandon_munro et al re knock-on effects on WNA #Uranium demand figures from overfeeding by enrichers: WNA quotes U demand at 62,496tU (162.5M lbs #U3O8) per 393,744MW #Nuclear capacity = ~413K lbs/1000MW. AFAI can tell, this figure accounts for a SWU surplus... Image
2) which has led to underfeeding which reduced amount of #Uranium (UF6 & mined #U3O8) required to enrich #Nuclear fuel to achieve the necessary fuel load for each reactor, circa 15% below that which would be needed if there was no SWU surplus. Is that correct?🤔 in other words...
3) without underfeeding, #Uranium(#U3O8) demand per 1000MW of #Nuclear rises by circa 15% to 475K lbs.⬆️ As enrichers move to overfeeding by say 15%, will WNA then raise their U requirements to 546K lbs/1000MW for western reactors not supplied by Russia?🤔 As well, SWU deficit...
Read 4 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(